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if obama stays in the payout ratios are better for the group. i think you will see this return to in favor once again. >> pop for chesapeake energy. >> dennis was talking about natural gas. chesapeake is benefitting from that. >> drop for mosaic. >> they missed on earnings by about 15 cents. they are saying that demand for product in china is weak right now and they can probably hold off on buying there until the end of the year. >> jim has the ceo of mosaic on mad money. a pop for fly boarding. latest craze in australia. a jet ski hybrid. flyers are connected to a hose which uses water pressure. make sure you bring your wallet. they cost around $12,000 a piece. >> i love it. >> it look as lot smaller when he is on that. >> they take five inches off. drop for starbucks down 1%. >> this is another one not a cheap stock. a lot of future growth expected to come overseas in europe and asia. this is one that under performs the broad markets. i think a lot of people want to see after nike's results. >> drop for jc penney. >> ceo sounds like he is push
if obama stays in the payout ratios are better for the group. i think you will see this return to in favor once again. >> pop for chesapeake energy. >> dennis was talking about natural gas. chesapeake is benefitting from that. >> drop for mosaic. >> they missed on earnings by about 15 cents. they are saying that demand for product in china is weak right now and they can probably hold off on buying there until the end of the year. >> jim has the ceo of mosaic on mad...
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Oct 4, 2012
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obama lost with his performance. it brings him back as a credible candidate and he might win all of a sudden, whereas right before the elections everybody sort of wrote him off. so we have to look alt his policy proposals, and obama attacked romney for not having any, but actually on the fiscal side, he's getting pretty specific about favoring a cap on tax loopholes, and i think that's a great idea. i think it would, in fact, generate enough revenues to allow us to lock in on the bush tax cuts permanently. the question is whether the republican diehards who say no tax increase as whatsoever will sign up for that but we could have gridlock even if romney does win. >>> the stock which may be having its best week ever, plus one billion and counting. we'll get a status on facebook's budding friendships and what's in store for the nation's biggest retailers. we'll trade the newest monthly sales figures when halftime comes back. sometimes investing opportunities are hard to spot. you have to dig a little. fidelity's etf ma
obama lost with his performance. it brings him back as a credible candidate and he might win all of a sudden, whereas right before the elections everybody sort of wrote him off. so we have to look alt his policy proposals, and obama attacked romney for not having any, but actually on the fiscal side, he's getting pretty specific about favoring a cap on tax loopholes, and i think that's a great idea. i think it would, in fact, generate enough revenues to allow us to lock in on the bush tax cuts...
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Oct 2, 2012
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obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. to me, this guy is a cheap shot artist. he may be representing obama you wants a cheap shot to go after the banks and where are the kudos for jp morgan that did this and put this together at a time when everything was unravel elling. >> the federal government was under pressure for the euro europeons. andrew cuomo preceded snyder man and declined to use the act. this is the same evidence that he looked over and said i'm not going ahead with this and there are cases and -- let me get this straight. he decided the evidence wasn't there. snyder man looked at it and he is playing cheap politics. >> that is your opinion. >> he has become a good governor of new york and said no go. and this guy says no go and we are on the eve of an election and jp morgan did the lord's work. somebody had to stock the hemorrhaging. >> there is fraud here. no question about it. who is responsi
obama doesn't care. i think he is coming out looking very bad, larry. >> i want to get a quick take before we bring the members in here. to me, this guy is a cheap shot artist. he may be representing obama you wants a cheap shot to go after the banks and where are the kudos for jp morgan that did this and put this together at a time when everything was unravel elling. >> the federal government was under pressure for the euro europeons. andrew cuomo preceded snyder man and declined...
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obama, president obama, led by five. as for today's pew poll, the obama campaign takes issue with the party makeup of people surveyed, saying it tilts republican compared to september. the romney campaign, on the other hand, says it's pleased with the numbers. joining us now, jim acosta with the romney campaign in newport news, virginia and on the phone, dan lothian with president obama's campaign. jim, you're on the trail with the romney campaign. what's the reaction to the latest polling, because republicans were complaining about these polls as soon as last week. now the poll is good news for them. are they complaining? >> well, anderson, i have to tell you i just saw mitt romney standing out in a drenching rain in newport news just a couple hours ago and he still had a smile on his face. they're pretty happy. they have not seen poll numbers like this in some time. i have to tell you, i talked to a senior romney advisor about this pew research center poll and they look at a couple things here. in relation to these pol
obama, president obama, led by five. as for today's pew poll, the obama campaign takes issue with the party makeup of people surveyed, saying it tilts republican compared to september. the romney campaign, on the other hand, says it's pleased with the numbers. joining us now, jim acosta with the romney campaign in newport news, virginia and on the phone, dan lothian with president obama's campaign. jim, you're on the trail with the romney campaign. what's the reaction to the latest polling,...
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and ironically if you repeal obama care, and i've become fond of this terms, obama care. if you repeal it, what happens, those seniors right away will be paying $600 more in prescription care. they'll now have to pay co pays for basic checkups that could keep them healthier. and the primary beneficiary of that repeal are insurance companies that are estimated to gain billions of dollars back when they aren't making seniors any healthier, and i don't think that's the right approach when it comes to making sure that medicare is stronger over the long term. >> we'll talk about -- specifically about health care in a moment. do you support the voucher system, governor? >> what i support is no change for current retirees and near retirees to medicare and the president supports taking $716 billion out of that program. >> what about the voucher. >> that's number one. >> all right. >> number two is for people coming along that are young, what i'd do to make sure that we can keep medicare in place for them, is to allow them to either choose the current medicare program or a private
and ironically if you repeal obama care, and i've become fond of this terms, obama care. if you repeal it, what happens, those seniors right away will be paying $600 more in prescription care. they'll now have to pay co pays for basic checkups that could keep them healthier. and the primary beneficiary of that repeal are insurance companies that are estimated to gain billions of dollars back when they aren't making seniors any healthier, and i don't think that's the right approach when it comes...
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Oct 5, 2012
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exactly where it was when president obama took office. there was only a net gain of 114,000 jobs created last month. too low for sustained unemployment reduction. so something for both sides to like. the president has to be thrilled about this jobs numbers, though. it's a game changer unless it's not. the president is the out on the trail pushing it. >> as a nation we are moving forward again. we're moving forward. more people are getting jobs. now, every month reminds us that we've still got too many of our friends and neighbors looking for work. today's news certainly is not an excuse to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> my friends, whenever fall comes the leaves turn pretty colors and the jobs numbers bring in our dynamic duo, peter and jared. how are you my wonky friends? >> we're wonking along. >> we're pretty wonky. >> do you think that wonk spelled backwards is know? >> excellent. you just blew my mind. >> as is k-n-o-w. were you trying to
exactly where it was when president obama took office. there was only a net gain of 114,000 jobs created last month. too low for sustained unemployment reduction. so something for both sides to like. the president has to be thrilled about this jobs numbers, though. it's a game changer unless it's not. the president is the out on the trail pushing it. >> as a nation we are moving forward again. we're moving forward. more people are getting jobs. now, every month reminds us that we've still...
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Oct 10, 2012
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>> i think president obama holds all the cards here because basically if congress does nothing, the bush tax cuts are going to expire completely. and by the way, that would solve many of our fiscal problems over the next decade. let's remember, those bush tax cuts were meant to be temporary. temporary. >> you'd have to get rid of them for every single income level. >> i was just looking at percentage. >> we cannot afford them now. >> so you would raise taxes on the middle class as well? >> realistically, i think those bush tax cuts have to go in their entirety. >> wow. so you finally admitted that the spending we have on the table -- >> i'm not admitting anything. >> you can't take 100% from the wealthy. you wrareally have to dig down the middle class. >> i'm not admitting anything. i've been saying that for two years. >> you have to get rid of the bush tax cuts on everybody. that's the middle class. >> they were unaffordable then. they are unaffordable now. >> i've got to go, guys. i'm sorry. justin, i apologize. talk to you later. thank you both for joining us. >> you know what tax rev
>> i think president obama holds all the cards here because basically if congress does nothing, the bush tax cuts are going to expire completely. and by the way, that would solve many of our fiscal problems over the next decade. let's remember, those bush tax cuts were meant to be temporary. temporary. >> you'd have to get rid of them for every single income level. >> i was just looking at percentage. >> we cannot afford them now. >> so you would raise taxes on the...
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Oct 4, 2012
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>> it looked like president obama was not prepared. >> the industry e champion did take off today. >> by the way, i like coal. >> as long as he doesn't say anything like this. >> i was in bangkok myself and mark, i didn't see you in the disco. >> well that was the lowest class of all. >> fast money, right now. >> live from the market in new york city's times square. stocks getting a boost today and is this a romney rally? what is the best way to play it. >> i think you have to look at the sector that is most undervalued. i think a romney victory brings back the return of normalized earnings much faster. you will see a regulatory environment that is more in line with what i think the 2012 market should be. we have over regulated in that sense and the value of the us dollar under romney will get stronger. >> karen? >> i agree with what he is saying. there is the perception of economic growth and if that is the case and less regulation, i think you are see the industrials get better. >> i think if we can get back to 2007 and 8: 20 2007 and 2008 levels, it will be better. >> how often do
>> it looked like president obama was not prepared. >> the industry e champion did take off today. >> by the way, i like coal. >> as long as he doesn't say anything like this. >> i was in bangkok myself and mark, i didn't see you in the disco. >> well that was the lowest class of all. >> fast money, right now. >> live from the market in new york city's times square. stocks getting a boost today and is this a romney rally? what is the best way to...
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Oct 9, 2012
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almost the same level as we were in 2007 because if i look at the presidential candidates today, if obama gets reelected i think the dow jones should be minus 13,473. if romney gets elected it should be minus 6,000. >> ythe market is up year to date. as you know october 1987 was not a friendly time. do you see anything underneath the hood that concerns you on that basis? >> yes. i mean, the previous person you interviewed said that everybody faced an increase. that is not what i see in the market place. government bonds, art, high end market, park avenue property market and equity and i think that the asset sizes are vulnerable in my view. >> i remember some time in the last 90 days you mentioned for the first time in a while you bought european stocks. are you still long european stocks? if not where would you get back into them? >> i am still long because i didn't buy that many. i don't buy them now. i think the lows that we have seen four months ago will be retested. maybe we'll not go down. you see i mentioned that the dial was almost at the previous week. if you look on the other han
almost the same level as we were in 2007 because if i look at the presidential candidates today, if obama gets reelected i think the dow jones should be minus 13,473. if romney gets elected it should be minus 6,000. >> ythe market is up year to date. as you know october 1987 was not a friendly time. do you see anything underneath the hood that concerns you on that basis? >> yes. i mean, the previous person you interviewed said that everybody faced an increase. that is not what i see...
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Oct 3, 2012
10/12
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so the consensus you view obviously is that obama will win. and if that occurs, the reform as essentially written will go into place. if romney/ryan win, i think all bets are off. >> so if romney wins, you have to change your investment thesis and your ideas for what stocks could work in a romney administration? >> no, not really. you've had me on the program several times and i consistently try to talk about did your only investment themes. and that's one category is innovation, that's important new medicines for grieve vus illnesses. and another theme that will be with us regardless of who the president is and who controls the senate and house is cost of health care. yes, i would submit to you that if romney wins, it's going to have a knee jerk response to a few of those sectors, but what i'm really talking about and what we're focused on is things we think will unfold over the next many years. >> among your top five holdingses you have gilead in there, so that goes toward the technology and development of drugs. how about some of the other
so the consensus you view obviously is that obama will win. and if that occurs, the reform as essentially written will go into place. if romney/ryan win, i think all bets are off. >> so if romney wins, you have to change your investment thesis and your ideas for what stocks could work in a romney administration? >> no, not really. you've had me on the program several times and i consistently try to talk about did your only investment themes. and that's one category is innovation,...
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Oct 4, 2012
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and you could see obama's body language. he was petulan it, looking down because he knows he couldn't get it done. that by itself crossing the aisle for common ground. don't have to give up your principles. if you call that moderate fine. i'm telling you it's pragmatic. that's what you've got here, a conservative who's pragmatic. >> democrats thinking those are moderate positions we're closer to a deal than we thought we were. >> that's right. >> now what he dead, and i don't think he actually changed any of his policies. i've been following this campaign painfully so at times minute-by-minute for the last year or so. up don't think he changed substantively. what i think he did was use different language and tone. when he began talking about the role of government he talked about caring for people who are less fortunate. >> not scaring. i got to get out. steve we're going to have you back again. love to have you back. jennifer's going to hang around for awhile for the full show tonight. i want to switch gears. this goes to w
and you could see obama's body language. he was petulan it, looking down because he knows he couldn't get it done. that by itself crossing the aisle for common ground. don't have to give up your principles. if you call that moderate fine. i'm telling you it's pragmatic. that's what you've got here, a conservative who's pragmatic. >> democrats thinking those are moderate positions we're closer to a deal than we thought we were. >> that's right. >> now what he dead, and i don't...
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Oct 7, 2012
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obama seemed passive, detached, and glum. but what's more significant than how romney said things is what he said. romney repeatedly insisted he was not advocating a big tax kuchlt in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years rom hi has been campaigning on a tax cut that would cost around $5 trillion over ten years. he said he would eliminate deductions and spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stuck stuck speech. he has a five-point stump speech. the first four points are ab
obama seemed passive, detached, and glum. but what's more significant than how romney said things is what he said. romney repeatedly insisted he was not advocating a big tax kuchlt in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years rom hi has been campaigning on a tax cut that would cost around $5 trillion over ten years. he said he would eliminate deductions and...
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Oct 10, 2012
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where are you pin being the odds on a romney or obama victory? >> it's a close competitive election and we'll have to see whether president obama can come back in one of the two remaining debates. i think that's critical. he has to show his own party what he can do, because right now they're depressed. they're not as enthused as republicans are and this is a battle of the party bases. but if you're asking me who is more likely to win the election, i naturally look to the electoral college. he came up with a scenario for romney winning and are you absolutely right. but you see, the problem for romney is, there are many more plausible scenarios for barack obama to get to 270 than there are plausible scenarios for mitt romney to get to 270. >> i agree. i just wanted to confirm whether you believe romney can -- it would be harder -- but can win even if he loses ohio. >> of course. well, of course. look, it's a complicated electoral college. there are lots of ways to overcome losing almost any state -- except florida. florida's the only one that romne
where are you pin being the odds on a romney or obama victory? >> it's a close competitive election and we'll have to see whether president obama can come back in one of the two remaining debates. i think that's critical. he has to show his own party what he can do, because right now they're depressed. they're not as enthused as republicans are and this is a battle of the party bases. but if you're asking me who is more likely to win the election, i naturally look to the electoral...
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later obama versus romney. when it comes to the economy who is the better bet? we will give you some answers. how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. accolade overdrive. zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> time for pops and drops. we kick it off with a drop for lex mark. >> people not buying a printers not a good thing. it didn't help with lex mark. they fall better than 3%. >> fdl a pop. 3%. >> a little more on the earnings. the margin pressure might be ending this quarter. i still think they are seeing a lot
later obama versus romney. when it comes to the economy who is the better bet? we will give you some answers. how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and...
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Oct 3, 2012
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and obama made two decisions. one was to prop the thing up and keep it going in alliance with other countries around the world and literally saved the fortunes of a lot of these people. but he made a second decision. there were progressives who thought we should have asked more questions about how did we get into this mess in the first place and president obama didn't go there because his advisers were worried if you push the system too hard, it might collapse. and so here are folks whose fortunes were saved in significant part by the president's policies and they are complaining because he doesn't say thank you to them. it's very strange. >> these guys got exactly what they wanted and just won't admit it. let's play more sound from sam zell. >> we need leadership, not criticism. until that scenario changes, i think the united states is, quote, unquote, and i hate to use this word, in a malaise. >> what the hell is he talking about? he's being criticized and president obama hasn't provided leadership. your thought
and obama made two decisions. one was to prop the thing up and keep it going in alliance with other countries around the world and literally saved the fortunes of a lot of these people. but he made a second decision. there were progressives who thought we should have asked more questions about how did we get into this mess in the first place and president obama didn't go there because his advisers were worried if you push the system too hard, it might collapse. and so here are folks whose...
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of course i'll vote and i'm voting for obama. i can't believe mitt romney could win this election, but i'm also in a state of mind that that would be so aappalling to me. i can't believe it could be true. >> he's been working the you don't understand me ticket. let's look at him on kelly and michael. >> honorhoney boo boo or snooki? >> do you know who they are? >> i'm kind of a snooki fan. look how tiny she's gotten. she's lost weight and she's energetic. just her spark plug personality. >> he's never heard of honey boo boo or snooki. someone's told him. >> no. he's watching honey boo boo and snooki back-to-back. they say every election is crucial yes, it's crucial but a lot can't get done in four years anyway, but if worse came to worse, if we had this guy for four years, i doubt it would be that easily affected. i think you need two terms as president. i think obama needs two terms to prove what he can do. >> i think about that. four years is probably never enough for anybody to do very much as president. if you come in, the fi
of course i'll vote and i'm voting for obama. i can't believe mitt romney could win this election, but i'm also in a state of mind that that would be so aappalling to me. i can't believe it could be true. >> he's been working the you don't understand me ticket. let's look at him on kelly and michael. >> honorhoney boo boo or snooki? >> do you know who they are? >> i'm kind of a snooki fan. look how tiny she's gotten. she's lost weight and she's energetic. just her spark...
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Oct 10, 2012
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obama were reelected down 2.5%. governor romney's portfolio consists of what you may expect, some of the banks, some of the traditional energy names, drillers, oil exploration companies, that portfolio getting a lift of about 1.3%. so you have to position yourself here with, again, 3 1/2 weeks or so? >> sure. >> before the election? >> i look at this, the portfolio of what the reactions are. and i actually like the move already in the financials. i think the financials have that much more of a leg regardless of the candidate. however, you've got a nice little bit of a boost after last week and how well mr. romney did in those debates, but i think either way these stocks can go higher. i think across the entire spectrum of these names. the financials, particularly the ones that are going to give you a healthier dividend have more upside. but i think either way, these names will continue to work for the upside. >> yeah, morgan stanley and citi are chosen as part of the portfolio. pick some names from the energy space?
obama were reelected down 2.5%. governor romney's portfolio consists of what you may expect, some of the banks, some of the traditional energy names, drillers, oil exploration companies, that portfolio getting a lift of about 1.3%. so you have to position yourself here with, again, 3 1/2 weeks or so? >> sure. >> before the election? >> i look at this, the portfolio of what the reactions are. and i actually like the move already in the financials. i think the financials have...
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one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will happen. otherwise, this wedge that the central bank have created between valuations of fundamentals cannot be sustained forever. fundamentals have got to start coming up towards valuations, otherwise valuations will come down. >> mohammed, thank you so much for joining us today. >> thank you, michelle. >> all right. we've got about 51 minutes before the closing bell. the nasdaq is lower by nearly 14 points. >> don't go anywhere. there's still a lot more ahead on this busy friday edition of the "closing bell." >>> coming up, employment possibility. 58% of ceos say they plan to hire more workers within t
one, he has to convince that president obama has not delivered. second, he has to convince the american people he can deliver. so he has to do it both things. there's still some heavy sledding for him on both fronts. in terms of the market, i think that over the next few weeks and months we're basically going to be driven not only by the political process but whether we get data that confirms the handoff from central bank action to fundamentals will happen. otherwise, this wedge that the...
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so when you look at obama, look at obama care, it mandates people buy insurance. it says, hey, everyone, nearly everyone has to buy insurance or we're going to make you pay money. and it also tells insurance companies, hey, you know what, you got to accept everybody, even the people with expensive pre-existing conditions, you've got to take them in, which they're not doing right now. romney's plan is, we're not going to mandate that you buy insurance, we're going to leave that up to you, and there are going to be fewer requirements placed on insurance companies, way fewer. romney's basic philosophy is the market will, for the most part, take care of problems in our health care system. >> so how does governor romney attack obama care on the stage tonight when the counterattack, you know, is going to be romney care was the foundation for obama care. >> that's right. that's right. and so what i think romney is very likely that romney will do is he's going to attack this as a tax. i think this because he just started this new ad campaign that lays it out there, he say
so when you look at obama, look at obama care, it mandates people buy insurance. it says, hey, everyone, nearly everyone has to buy insurance or we're going to make you pay money. and it also tells insurance companies, hey, you know what, you got to accept everybody, even the people with expensive pre-existing conditions, you've got to take them in, which they're not doing right now. romney's plan is, we're not going to mandate that you buy insurance, we're going to leave that up to you, and...
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Oct 2, 2012
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glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting taxpayer money by reinventing the wheel, the fhfa brought a major case and the fhfa inspector general is one of our partners in the working group as well as justice, the s.e.c., hud and others. so, we are co-will be a bore writing bring as many actions as we can as quickly as we can, this just happens to be the first. >> attorney general schneiderman, four years now since the depths of the financial crisis thursday is the first gates gait for the president out of the working group for securities fraud is this the pound of flesh, everyone pushing for accountability forth banks on wall street, we are
glad president obama followed through and i think the right thing to do but if anything, i think the criticism that has arisen in the a last few years, there probably were too few strings aand, especially after the bone bown us ins started flowing again this is not to pick on jpmorgan chase. i assure you, looking at a wide variety of firms. this conduct was particularly flagrant. there have been other action brought that laid some groundwork that we took advantage of so we weren't wasting...
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tonight and "outfront," the obama slide. a brand new poll of likely voters showing mitt romney out ahead and leading the president 49-45%. and look at this. since last month, the president is down six percentage points in that same poll. now, it is just one poll, but take a closer look at the numbers and there may be some pretty red flags out there for the incumbent. voters say romney did a better job at the debate on wednesday night. 66 to 20%. and that has helped change some voters views of governor romney. he's now polled even with obama among voters who see him as a quote strong leader. just last month, romney was trailing in that category, trailing, not just by a little. by 13 points, in fact. another contributing factor to obama's slide, women. this might be a surprise, but women are now evenly divided in their support of the two candidates. take a look at your screen. just last month, obama led romney by 18 points among women, so that is big. and keep in mind obama won this voting block by 13 points in 2008, so it's g
tonight and "outfront," the obama slide. a brand new poll of likely voters showing mitt romney out ahead and leading the president 49-45%. and look at this. since last month, the president is down six percentage points in that same poll. now, it is just one poll, but take a closer look at the numbers and there may be some pretty red flags out there for the incumbent. voters say romney did a better job at the debate on wednesday night. 66 to 20%. and that has helped change some voters...
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that's not right to pay for obama care. and also got point to out that he's in favor of a tax plain that will kill 700,000 jobs. and so he had the chance to answer those questions, or not answer them as the case may be but then i think even more important was the chance to talk about where we're going in the future. what he would do and what i would do and what he described was in my view a reiteratation of the status quo. he'll keep doing what he's done in the past. he'll have a stimulus. hire more government workers. he's is going to pick winners and losers line solyndra. a friend of mine said no he doesn't like picking winners and lowers he just likes picking losers. and so, of course he's in favor of higher taxes. yesterday the vice president blurted out the truth. he said in fact they do want to raise taxes a trillion dollars. i don't want to raise tax on any americans because i want to create good jobs in america. now, i take america in a very different direction. first of all i want to make sure that our policies enc
that's not right to pay for obama care. and also got point to out that he's in favor of a tax plain that will kill 700,000 jobs. and so he had the chance to answer those questions, or not answer them as the case may be but then i think even more important was the chance to talk about where we're going in the future. what he would do and what i would do and what he described was in my view a reiteratation of the status quo. he'll keep doing what he's done in the past. he'll have a stimulus. hire...
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president obama. and we have breaking news from mitt romney who just appeared on fox news and tried to rewrite this comments about 47% of america. >> a new mitt romney took the stage last night. >> first of all i don't have a $5 trillion tax cut. i don't have a tax cut. >> really? is that so? >> across the board for all american. >> 20% across thboard. >> by 20%. >> i don't have a$5 trillion tax cut i don't have a tax cut. >> if you want to be president you owe the american people the truth. >> i will repeal obamacare. >> the best course for health care is to do what we did in my state. >> he is saying he would not cut education. >> he says we need more firemen and more policemen. >> did he not get the message or wisconsin? >> who is the real mitt romney? >> every day he is in a different position. >> i'm going to stop the subsidy for pbs. >> he is going to crack down on seseme street. >> i love big bird. >> elmo has to watch out. >> i think i get the last word. >> with 33 days until the presidential
president obama. and we have breaking news from mitt romney who just appeared on fox news and tried to rewrite this comments about 47% of america. >> a new mitt romney took the stage last night. >> first of all i don't have a $5 trillion tax cut. i don't have a tax cut. >> really? is that so? >> across the board for all american. >> 20% across thboard. >> by 20%. >> i don't have a$5 trillion tax cut i don't have a tax cut. >> if you want to be...
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>> i still get the sense obama's ahead. i think that might have been a obama high point. i think he was trending down, then the debate happened. i just came back from a few days in ohio. i think he's outspending romney on tv there. i think they both have a very strong ground game. sherrod brown's probably a point or two up on that as well. so i think it comes to the next two debates. it's a swing state. results will be within 1% of the national results. >> item going to hold you there. virginia will be the one that's closer. always good to have you here. thank you, sir. our monday political panel is here to kick off the week, but first, it's columbus day. you know what that means? this is the day that columbus sailed a ocean blue and did not have time for soup. the mess is closed. don't forget to check out our blog. we update it all the time now with good stuff, so visit it a lot. we'll be right back. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call
>> i still get the sense obama's ahead. i think that might have been a obama high point. i think he was trending down, then the debate happened. i just came back from a few days in ohio. i think he's outspending romney on tv there. i think they both have a very strong ground game. sherrod brown's probably a point or two up on that as well. so i think it comes to the next two debates. it's a swing state. results will be within 1% of the national results. >> item going to hold you...
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mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told investors today that he thinks chipotle's stock is short. my next guest couldn't disagree more with the short call. he's damon vickers. good to have you on the program, damon. thanks for joining us. why do you think you're right? >> well, yeah, you named it. look, i think we own chipotle. we also own yum brands. his assertions, one by one, seem kind of an empty bag. they don't really hold much water. >> so let's talk about some of those assertions, damon. einhorn is citing competition from taco bell as part of his reason for recommending the short of chipo
mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? zagat just gave hertz its top rating in 15 categories, including best overall car rental. so elevate your next car rental experience with the best. it's just another way you'll be traveling at the speed of hertz. >>> welcome back. it's not hard to tell when hedge fund manager david einhorn told...
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beginning of the year you said you expected president obama to be re-elected. do you still believe that? >> yes. yes. i really do. i think that he was maybe two scores up as i heard on "squawk box" this morning. maybe now it is only one. i still think in terms of looking at these battleground states and where he appears to have a competitive advantage, he's still ahead. >> you were extremely accurate in your overall call, at least as of this date, of how the market was going to perform. you said about 15% in 2012. that's about where we are. is now a good time to invest? and then what's going to happen in 2013. >> i would be much more cautious now. we divided our analysis of the market into two parts. there's the things people normally talk about, growth rates and earnings and the economy, but also the discount rate. the interest rate plus this other fear or uncertainty factor. the fed's actions did reduce the uncertainty factor. they reduced the liquidity that took some of that fear away. but it's not really transferring into growth. if you do the high school l
beginning of the year you said you expected president obama to be re-elected. do you still believe that? >> yes. yes. i really do. i think that he was maybe two scores up as i heard on "squawk box" this morning. maybe now it is only one. i still think in terms of looking at these battleground states and where he appears to have a competitive advantage, he's still ahead. >> you were extremely accurate in your overall call, at least as of this date, of how the market was...
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and i traveled it since obama's been in office. i can tell you i am greeted totally diffent as an american as a result of this presidency. and his foreign policy. so it's not just about war. it's not just about the middle east. it's about the globe. i think if you really look at it ho wholistically, you would see the president has had a good record in how he's managed the other world leaders in making sure america stays on top. one other thing. if he's going to talk about foreign policy, make sure you bring up some of the things he doesn't like to talk about like how the iran currency has collapsed because of the president's leadership and that there's actually now been rioting in iran because of the president's leadership. also, by the way, osama bin laden is dead. if he doesn't mention that, he's not really being serious. >> john, something that i think that mitt republican keeps saying, that's these huge increases to defense spending. i think most americans really aren't so in favor of that. >> well, look. we see that you have i
and i traveled it since obama's been in office. i can tell you i am greeted totally diffent as an american as a result of this presidency. and his foreign policy. so it's not just about war. it's not just about the middle east. it's about the globe. i think if you really look at it ho wholistically, you would see the president has had a good record in how he's managed the other world leaders in making sure america stays on top. one other thing. if he's going to talk about foreign policy, make...
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obama the minute mitt romney opens his mouth, obama's taking notes and he just talked and looked down and looked down and looked down. he's never making contact. >> i'm sorry. if you're planning on waxing big bird off of pbs, i don't think that there's americans down for that. >> so, that is from you. thank you for your cnn ireports. now, to twitter. how about some tweets? some downright priceless. first, from dennis miller, obama better hope a kicked rear end is covered under obamacare. next from indecision. the october surprise in this election is that mitt romney is actually good at something. ouch. jim sterling tweets, obama is winning the "looking amazingly condescending when the other guy talks" race. finally this one for you from doug benson. just 14 minutes until we can all go back to preferring the kand date we liked when the debate started. all from twitter. we have a lot more. you know, as far as what happened last night and i promise to hear from the president and it sounds as though he is still debating today. he spoke just a couple hours ago in denver. here he is, presid
obama the minute mitt romney opens his mouth, obama's taking notes and he just talked and looked down and looked down and looked down. he's never making contact. >> i'm sorry. if you're planning on waxing big bird off of pbs, i don't think that there's americans down for that. >> so, that is from you. thank you for your cnn ireports. now, to twitter. how about some tweets? some downright priceless. first, from dennis miller, obama better hope a kicked rear end is covered under...
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one had mitt romney up, one president obama up. it's a vital state and the the candidates are going to have to fight for it hard. president obama held his 17th ohio campaign rally this evening. today is the last day of voter registration in the buckeye state and the president pushed that message. >> ohio, ooism asking you for your vote. if you're willing to stand with me and work with me, knock on some doors and make some phone calls for me, we'll win franklin county again. we'll win ohio again. we'll win this election again. we'll finish what we started and we'll remind the world why the united states of america is the greatest nation on earth. >> mitt romney knows his chances of winning the presidency are slim without ohio, regardless of what the national polls say. romney scheduled multiple events in the state of ohio over the next several days as well as events in other swing states. he was in iowa today making the hard sell for voters to abandon president obama. >> i want to ask you for a commitment. that's for you to find one
one had mitt romney up, one president obama up. it's a vital state and the the candidates are going to have to fight for it hard. president obama held his 17th ohio campaign rally this evening. today is the last day of voter registration in the buckeye state and the president pushed that message. >> ohio, ooism asking you for your vote. if you're willing to stand with me and work with me, knock on some doors and make some phone calls for me, we'll win franklin county again. we'll win ohio...
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could be good news for president obama. keep those gas prices in the swing states low, mandy. >> absolutely. that's what counts. >>> so, mitt romney celebrating today after what many are calling a big victory in last night's debate. the market has been paying very close attention, as you could imagine, to the race with many already pricing in an obama victory. so what does a romney resurgence mean to your money? joining us now, paul hickey, co-founder of the spoke investment group and on the back of the way the people perceived the debate last night, we're seeing a little bit of reaction in certain sectors for the potential after romney win. but i want to know what you think is going to be a winner. >> i think a romney win, one area that would benefit -- medical device companies. there is hope if romney's elected and repeels the affordable care act, then the device tax will be repealed helping out these companies. that tax will pretty much go right down to their bottom line if it is taken away. so that's a nice 3% to 5% ben
could be good news for president obama. keep those gas prices in the swing states low, mandy. >> absolutely. that's what counts. >>> so, mitt romney celebrating today after what many are calling a big victory in last night's debate. the market has been paying very close attention, as you could imagine, to the race with many already pricing in an obama victory. so what does a romney resurgence mean to your money? joining us now, paul hickey, co-founder of the spoke investment...
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bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i
bush, then barack obama. the fundamental decisions that businesses make particularly domestic businesses are driven really by what's going on with the consumer. and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they...
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and by this afternoon the obama campaign was up with this video. mitt romney has millions invested in o. shore tax havens. he says it doesn't mean he's avoiding u.s. taxes. >> i have not saved one dollar by having an investment somewhere outside this country. >> there was no reduction, not one dollar reduction in taxes by virtue of having an account in switzerland or a cayman island investment. the dollars of taxes remain exactly the same. >> but that's not true. according to a new report from "the new york times" romney avoided taxes through investments in offshore tax havens. mitt romney avoided paying his fair share. what else is he hiding? >>> joining me now, david k johnston author of the new book, "the fine print" and karen finney. david k. johnstone, the times got tax experts to look at the tax returns and some documents they obtained from bain from this new report today. what did we learn? >> well, the cayman islands 4 hundred years ago was a hang out for pirates now it's a hang out for tax pirates. instead of a buried map of where the tres
and by this afternoon the obama campaign was up with this video. mitt romney has millions invested in o. shore tax havens. he says it doesn't mean he's avoiding u.s. taxes. >> i have not saved one dollar by having an investment somewhere outside this country. >> there was no reduction, not one dollar reduction in taxes by virtue of having an account in switzerland or a cayman island investment. the dollars of taxes remain exactly the same. >> but that's not true. according to...